1. What items provided used the most cash during 2018? 2. What decisions by management possibly led to the change in cash position during the year? How did these decisions affect cash flow? 3. What would the 2018 ending cash had been if the following management decisions were made? Present the cumulative answer, not the cash result of each individual decision: a. The company ran a series of sales that increased sales income by $2,000. The cost of goods sold was 35% of those new sales and were paid for in cash. The company collected 70% of the increased sales in cash. b. The company slowed down payment of its accounts payable, retaining $950 in cash. c. The company cashed in $725 of its short-term investments.

For the part of the analysis and the analysis of managements decisions, show your work so that the reader can tell how you determined your answers.

Statement of Cash Flow
For the Year Ended 2018
Cash Flow from Operating Activities:
Net Income		1,000
Adjustments for non cash Items:
Depreciation Expenses		683
Changes in Working Capital:
Decrease in Accounts Receivable	298
Increase in Inventories	-345
Increase in Other Current Assets	-54
Decrease in Accounts Payable	-2208
Increase in Accrued income tax payable	111
Increase in Accrued liabilities	237	-1961
Net Cash Flow from Operating Activities		-278
Cash Flow from Investing Activities:
Purchase of Short Term Investments	-351
Purchase of Property, plant, and equipment	-811
Disposal of Other Assets	248
Net Cash Flow from Investing Activities		-914
Cash Flow from Financing Activities:
Issuance of Current part of long-term debt	500
Repayment of Long term Debt	-405
Unredeemed gift liabilities	-42
Net Cash Flow from Financing Activities		53
Net Change in Cash		-1139
Cash Balance, Beginning		2,240
Cash Balance, Ending		1,101